This is a good discussion. Thanks to you Copperroad and Pete11.
I’m a buyer at 52-53 these last few days. The discount to your intrinsic value of >$1 is down to funding uncertainty and timing of a future equity raise. The concern about institutional appetite for more fundraising seems very much priced in.
Ann: New Targets and Growth from Discovery Drilling, page-16
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Last
51.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $281.1M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 53.5¢ | 51.5¢ | $1.249M | 2.392M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 115833 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 91000 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |